Is Time Inc. building a Kindle Killer? Nope.
A report suggests that Time Inc. wants to get into the hardware business and produce its own e-reader.
That’s something other publishers, like Hearst and News Corp., are actually doing or have at least mulled. But multiple sources familiar with the Time Warner unit’s thinking say that’s not the case here.
And they say bloggers don’t work! I had to get off my sickbed today to call David Karp, the CEO of Tumblr, and ask him if he really was in talks to sell his company to Yahoo, as Gawker/Valleywag reported. For the record, Karp says the report is “categorically untrue.”
The Gawker Media boss puts his Consumerist site up for sale and folds his Valleywag tech gossip site into his flagship Gawker gossip site. More moves to come. In fact, it wouldn’t be Denton if there were not more moves to come.
Gawker Media’s Nick Denton says publishers are still underestimating the coming ad collapse. Don’t believe him? Then look at the data from Jupiter Media–yet another online publisher who saw its business tank in the last quarter.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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